ICICIdirect Vs Arihant Capital NRI Account Comparison

ICICIdirect Vs Arihant Capital

The side-by-side comparison of ICICIdirect and Arihant Capital NRI Account. Compare ICICIdirect Vs Arihant Capital NRI Account brokerage charges, exposure margin, demat account and AMC. Read Arihant Capital and ICICIdirect NRI Account reviews.

Find out ICICIdirect Vs Arihant Capital which is better NRI Trading Account. See ICICIdirect Vs Arihant Capital which is best NRI Demat Account.

Our ICICI Securities Pvt Ltd. comparison with Arihant Capital Markets Limited highlights the major differences between two brokers. Find the best between ICICIdirect and Arihant Capital NRI Account.

 ICICIdirectArihant Capital
 
 ICICIdirect LogoArihant Capital Logo
About the BrokerICICI Bank offers trading and investment opportunities in India stock market to NRIs through ICICI NRI 3-in-1 account. It is a combination of an NRI saving bank account, an NRI Demat, and an NRI trading account. The ICICI 3 in 1 Account for NRI enab...Know more about ICICI Securities Pvt Ltd.As an NRI, investing back home should feel seamless, transparent, and well-supported - not paperwork-heavy or confusing. Arihant Capital Markets Ltd. understands this expectation and offers a comprehensive, personalised investment service designed sp...Know more about Arihant Capital Markets Limited
Account TypeNRI Account
Special Offer

Zerodha (Flat Rs 20 Per Trade)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Special Offer: Trade at ₹20 per executed order across all segments. Enjoy low-cost investing in Equity Delivery, Intraday, F&O, Currency, and Commodities. Open an instant account (FREE) with Arihant Capital and start trading today.

ICICIdirect Vs Arihant Capital Charges

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 ICICIdirectArihant Capital
NRI Account Opening Fees₹4000Rs 250 (One-time)
NRI Account AMC₹0First year free & thereafter Rs 362
NRI Demat Account Opening FeesRs 0 (Free)Rs 0 (Free)
NRI Demat Account AMCFor Individual account: Rs. 700 p.a.Free for 1st year; Rs 25/month + GST from 2nd year
PIS Account AMC
RBI approval for PIS (One time)₹500 + GST₹500 + GST
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ICICIdirect Vs Arihant Capital NRI Account Brokerage Comparison

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Account TypeICICIdirect NRI AccountArihant Capital
Equity Delivery0.50% - 1.25%0.3% of transaction value
Equity Futures0.03% - 0.05%Rs 50 per lot
Equity Options₹70 to ₹95Rs 50 per lot
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Other Charges

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Contract Note Reporting Charges
Other Brokerage ChargesDebit Transaction (DP) Fee: Rs 30 per scrip or or 0.04%of value whichever is higher (when selling)
TDS Charges on Long Term Gain (Holding > 365 Days)11.96%11.96%
TDS Charges on Short Term Gain (Holding <= 365 Days)17.94%17.94%

ICICIdirect Vs Arihant Capital NRI Account Taxes/Fees

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 ICICIdirectArihant Capital
Securities Transaction Tax (STT)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on exercised options)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on exercised options)
Exchange Transaction ChargesCheck Exchange Transaction Fee
SEBI Charges0.00005% (₹5/Crore)0.00005% (₹5/Crore)
Goods and Services Tax (GST)18% on (brokerage + transaction charges)18% on (brokerage + transaction charges)
Stamp Duty0.01% on delivery based turnover and 0.002% on non-delivery based turnover.0.01% on delivery based turnover and 0.002% on non-delivery based turnover.

ICICIdirect Vs Arihant Capital NRI Account Margin

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 ICICIdirect MarginArihant Capital Margin
Equity Delivery1x1x
Equity Futures1x1x
Equity Options1x1x

1x margin means Full SPAN + Exposure margins defined by the exchange across Equity and Derivatives (Equity F&O, currency and commodity) segments. This means the broker does not offer any additional leverage.

ICICIdirect and Arihant Capital NRI Account Features

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 ICICIdirectArihant Capital
3-in-1 AccountYesNo
Automated TradingNoYes
Free Research And TipsYesNo
Other Features
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ICICIdirect Vs Arihant Capital NRI Account Review

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 ICICIdirect ReviewArihant Capital Review
 486 Customer Reviews    Rate ICICIdirect0 Customer Reviews    Rate Arihant Capital
FeesRated 2.2 starsRated undefined stars
BrokerageRated 1.7 starsRated undefined stars
Trading PlatformRated 3.3 starsRated undefined stars
Customer ServiceRated 2.6 starsRated undefined stars
Overall RatingRated 2.3 starsRated undefined stars
Broker RatingICICIdirect is Rated 2.3 / 5 based on 486 customer reviewsArihant Capital is Rated / 5 based on 0 customer reviews
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Contact Broker / Request A Call Back

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 ICICIdirect EnquireICICIdirect Enquire
Contact Broker
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
Trade at ₹20 per executed order across all segments. Enjoy low-cost investing in Equity Delivery, Intraday, F&O, Currency, and Commodities. Open an instant account (FREE) with Arihant Capital and start trading today.

ICICIdirect Vs Arihant Capital NRI Investment Options

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 ICICIdirectArihant Capital
StocksYesYes
Initial Public Offers (IPO)YesYes
Mutual FundsYesYes
Other Investment OptionsETF, Corporate Bonds, NCD, FD, InsuranceBonds (include 54EC tax saving bonds), Portfolio Management Service, Alternative Investment Fund

ICICIdirect Vs Arihant Capital NRI Customer Service

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 ICICIdirectArihant Capital
Customer Care Number+91-22-283077800731-4217003
Customer Care Emailnri@icicidirect.com
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ICICIdirect Vs Arihant Capital Order Type Offered for NRI Account

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 ICICIdirectArihant Capital
Bracket OrderYesNo
Cover OrderYesNo
After Market Order (AMO)YesYes
Good Till Cancelled (GTC)YesNo

ICICIdirect Vs Arihant Capital - NRI Account Advantages and Disadvantages

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 ICICIdirectArihant Capital
Pros
  1. India's leading stockbroker. Part of the prestigious ICICI group, a financial services conglomerate.
  2. ICICI 3-in-1 NRI Account offers the easiest online trading experience.
  3. It offers an online trading facility with automatic fund transfer and PIS reporting.
  4. Invest online in Mutual Fund, NCD, FD, IPO, etc.
  5. GTC (or GTD, VTD) and AMO order types are available for placing orders in non-trading hours.
  6. It has a very stable trading platform.
Cons
  1. While ICICI trading platform gets the job done, it is very old trading software with poor user experience in comparison to the next generation online brokers like Zerodha, upstox, and 5paisa.
  2. The equity delivery brokerage is higher in comparison to discount brokers like Zerodha. With ICICI, a buy order or Rs 1 lakhs will cost Rs 1250 (1.25%) in brokerage. The same order at Zerodha cost Rs 200 in brokerage.
  3. NRIs from the UK (United Kingdom) cannot invest in IPO and Mutual Fund through ICICIDirect.com
  4. ICICI Bank doesn't offer online account opening to NRIs apart from customers from the US. Online account opening is also not available to Minor NRIs from the US.
Conclusion

ICICI is a highly recommended trading account for NRIs who are looking for investing in the stock market and mutual funds in India. It offers a convenient way to invest with competitive brokerage charges. It offers a range of investment options along with a dedicated RM, NRI support desk, free research, and tips. GTC and AMO order helps NRI customers to place an order in their own convenient timings.

Promo / Offers

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

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Arihant CapitalSpecial Offer

₹20 brokerage on trades across all segments

  • Free account opening for everyone
  • ₹20 per executed order across all segments
  • Trade in Equity Delivery, Intraday, F&O, Currency & Commodities
  • Access ArihantPlus App, ArihantPlus Web Trading App and Desktop Trading Platforms (ODIN and NEST)

Open your instant Arihant Capital account online and start trading today.

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Compare ICICIdirect and Arihant Capital with other NRI Brokers

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Side-by-Side Comparison of Broker

ICICIdirect Vs Arihant Capital NRI Account Comparison